Implemented Portfolios attains $1.5Bil milestone, expands team and board


Managed Discretionary Account operator, Implemented Portfolios Limited (IPL) has announced its continued growth, revealing several recent hires within its Corporate Development and Portfolio Management Teams, as well as a strategic addition to its Board of Directors.

The company’s Funds Under Management has continued to steadily increase this year despite the global impacts of the COVID-19 pandemic, reaching a significant milestone of $1.5Bil in FUM this week. Executive Chairman of IPL, Greg Kirk has observed the increase in momentum, saying “It’s pleasing to see our momentum continue over a sustained period and we see that as confirmation of more and more advisers seeing the value in providing their clients with a personalised investment service and using our IMA solution to do so.” IPL welcomed new Non-Executive Director, Dr Steve Garth – Principal of Principia Investment Consultants – to its Board last week.

Dr Garth brings to the Board two decades of experience in key Financial Services roles, including a broad career managing Australian and Global portfolios. He founded Principia in February this year after 19- years at Dimensional Fund Advisers, where as Vice President and Portfolio Manager he played a key role in helping to communicate Dimensional’s investment processes to institutional and adviser clients and prospects.

Prior to Dimensional, he was on the faculty of the University of New South Wales. His teaching and research interests were in optical fiber technology and quantitative finance.

Dr Garth said of the appointment, “I am delighted to be joining the Board of Implemented Portfolios as non-executive Director. I look forward to working closely with the rest of the Board and the entire Implemented Portfolios team over the next few years, helping the firm to accelerate its growth and deliver outstanding investment outcomes for financial advisers and their clients.”

Executive Chairman of the Board, Greg Kirk commented on the appointment, saying “This is a significant new addition to our Board and Steve will provide additional strength to our expertise across several strategic disciplines.”

IPL also bolstered its Corporate Development team to leverage further FUM growth, appointing Tahlia Rozis, to the position of Corporate Development Associate. Tahlia brings sound knowledge of the investment management space to the role, from her time at Perpetual working within the wholesale distribution team. She will be working closely with Phil Pilgrim – Head of Distribution, who joined IPL toward the end of 2019 having previously held senior roles within BT.

IPL plans to add further Corporate Development roles in the coming months, and is expected to make more announcements regarding this soon.

In IPL’s Investment Services division, Samantha Feeley has been appointed to the role of Portfolio Operations Assistant. Ms. Feeley was previously employed in the Market Operations Division of Macquarie Bank, as well as holding similar positions at both NAB and RBS. She will support the Portfolio Management team, following growth in the number of Individually Managed Accounts being managed by IPL.

Greg Kirk is pleased about increasing the headcount of the company, saying “As the number of advice businesses utilising our IMA service continues to increase, we made a decision to expand some of the teams to accommodate further growth and widen both our servicing and distribution reach.”

“The new members of our team all possess unique and highly desired skill sets that will further enrich our adviser and client-centric culture and in turn, enhance the innovative service we deliver to financial advisers and their clients.

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